2014 Great Smoky Mountains 5 Oz Silver Uncirculated Coin Released

by Mike Unser on April 7, 2014 · 7 comments

Great Smoky Mountains National Park makes a big but last major numismatic appearance with today’s launch of a three-inch, five ounce silver coin emblematic of the site in Tennessee.

2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coin

2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coin

New from the United States Mint is the 2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coin, the first release this year and the 21st overall from the series of America the Beautiful Five Ounce Silver Uncirculated Coins.

Pricing, Discount and Premiums

Priced at $154.95, it is available to anyone who orders online at www.usmint.gov/catalog. In a better bargain — the best for one of the coins, U.S. Mint subscribers pay $15.50 less, or $139.45, thanks to a discount promotion.

With the coins composed in 99.9% pure silver and at Monday’s London silver fix price of $19.81 an ounce, each has an intrinsic or melt value of $99.05. At the coin’s regular or non-discounted price, that puts the U.S. Mint premium per ounce at $11.18. In contrast, the Mint’s premium for its one-ounce proof Silver Eagle is $33.14 and at $24.14 for the upcoming Thursday release of the uncirculated Silver Eagle.

Great Smoky Mountains Silver Coin Design

Designs found on the uncirculated coin are the same as on the Great Smoky Mountains quarter which launched into circulation back on Jan. 27, 2014.

Reverse of the Great Smoky Mountains National Park Silver Coin

Reverse of the Great Smoky Mountains National Park Silver Coin

The reverse or tails side design of the quarter, created by Chris Costello and sculpted by Renata Gordon, shows an image of a historic log cabin found within Great Smoky Mountains National Park. Around the cabin is a segment of the lush green forest with a hawk circling above.

Obverses of America the Beautiful coins show the 1932 portrait of George Washington as designed by John Flanagan. Coin edges vary. Edges on quarters are reeded while silvers coins are flat and incused with ".999 FINE SILVER 5.0 OUNCE."

Photo of Edge Letterings on America the Beautiful Five Ounce Silver Coins

This photo shows the incused edge letterings that appear on all America the Beautiful Five Ounce Silver Coins. These happen to be bullion versions. Unlike collector products, the U.S. Mint does not sell bullion coins directly to the public. Instead, they are purchased in bulk by U.S. Mint distributors who then sell them into the secondary market for a bit over their silver value. These particular bullion coins were purchased from a coin dealer.

See how the 5 oz coins are made at the U.S. Mint facility in Philadelphia.

Ordering

2014-P Great Smoky Mountains National Park Five Ounce Silver Uncirculated Coins may be ordered from the U.S. Mint at the product page, located here, or by phone using 1-800-USA-MINT (872-6468).

There are no household ordering limits but, like in 2013 and 2012, this year’s five ounce silver uncirculated coins have mintages limits of 25,000 each.

Coins arrive encapsulated, set inside a protective outer box and come with a U.S. Mint Certificate of Authenticity.

2013 ATB Uncirculated Coins Sold Out

All of last year’s America the Beautiful Five Ounce Silver Uncirculated Coins sold out, though the U.S. Mint did not produce the maximum 25,000. Here is a table of 2013 sales:

  Sales
2013-P White Mountain Silver Uncirculated Coins 20,530
2013-P Perry’s Victory Silver Uncirculated Coins 17,707
2013-P Great Basin Silver Uncirculated Coins 17,792
2013-P Fort McHenry Silver Uncirculated Coins 19,802
2013-P Mount Rushmore Silver Uncirculated Coins 23,547

 

Bullion Great Smoky Mountains 5 Oz Silver Coins

The U.S. Mint also strikes and sells bullion five ounce coins intended for investors. The Great Smoky Mountains Five Ounce Silver Bullion Coin was released on March 17 and has current sales of 15,000. The Mint does not sell bullion coins to the public. Instead, its network of authorized distributors buys them in bulk and resells them in smaller quantities to dealers or straight to the public. The coins are typically available for several dollars per ounce over spot.

Unlike the collector versions, the bullion coins have a brilliant finish, lack the "P" mint mark and do not come in special U.S. Mint packaging.

{ 7 comments… read them below or add one }

Boz April 7, 2014 at 12:25 pm

Wondering how much of the eventual sales total will have come from subscriptions on the first day? Certainly reduces the amount of pressure that would otherwise have been placed on the website today!

Ron K. April 7, 2014 at 4:10 pm

Just received one of their “free” bags. They shipped it separately and raped me for $4.95 S&H charges. The POS, isn’t even worth that and I’m appalled that it’s MADE IN VIETNAM! THEY SHOULD BE ASHAMED!!

I WANT MY $$$ BACK!!!!

JOE #2 April 7, 2014 at 5:33 pm

Vietnam???? Holy Krap… unreal

Ilovesilver April 8, 2014 at 10:36 am

find out it is cheaper than bullion version! Some dealer selling Bullion version for $129 , the box (selling @ mint for $8) capsule cost $3.5
US Mint selling UNC (subscription) for $139.5 ,so it is 50cents cheaper , Plug it is guarantee REAL US MADE silver coin 🙂

Boz April 8, 2014 at 1:18 pm

Plus you don’t have to pay state tax on stuff from the gov’t but 46 states do on private sector purchases.

Tom April 9, 2014 at 10:47 am

Doesn’t make sense, I haven’t had one order ship on-time…even the 5 oz was on back-order and I did a subscription. I have like 5 orders out and not a one of them have been shipped. If they think I’m buying anything else until I get all the ones I currently ordered have come in, they are mistaken. It certainly makes a mess of the finances with everything on hold.

Boz April 11, 2014 at 7:48 pm

Got mine delivered today.

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